EX-99.J AUD CONSENT 5 j-audcon.txt INDEPENDENT AUDITORS' CONSENT Independent auditors' consent ---------------------------------------------------------------------- The board and shareholders AXP Growth Series, Inc.: AXP Growth Fund AXP Large Cap Equity Fund AXP Large Cap Value Fund AXP Quantitative Large Cap Equity Fund AXP Research Opportunities Fund The board of trustees and unitholders Growth Trust: Growth Portfolio Aggressive Growth Portfolio We consent to the use of our reports incorporated herein by reference and to the references to our Firm under the headings "Financial Highlights" in Part A and "Independent Auditors" in Part B of the Registration Statement. /s/ KPMG LLP ------------ KPMG LLP Minneapolis, Minnesota September 25, 2003